Form 990 for tax year 2023

Revenue

Part VIII, the statement of revenue.

• 2a · Program service revenue: Membership dues

  total $1,771,206 · related or exempt $1,771,206

• 2b · Program service revenue: Section activity fees

  total $492,620 · related or exempt $492,620

• 2c · Program service revenue: Section membership dues

  total $267,313 · related or exempt $267,313

• 2d · Program service revenue: Annual meeting and fees

  total $183,933 · related or exempt $183,933

• 2e · Program service revenue: Education fees

  total $101,203 · related or exempt $101,203

• 2f · All other program service revenue

  total $90,000 · related or exempt $90,000

• 3 · Investment income

  total $123,825 · excluded $123,825

• 7a · Gross sales of assets other than inventory

  securities $548,416

• 7b · Less cost or other basis and sales expenses

  securities $322,165

• 7c · Gain or loss

  securities $226,251

• 7d · Net gain or loss

  total $226,251 · excluded $226,251

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $58,039

• 2 · Grants to domestic individuals

  total $39,000

• 5 · Compensation of officers, directors and key employees

  total $254,766

• 7 · Other salaries and wages

  total $723,555

• 8 · Pension plan contributions

  total $27,164

• 9 · Other employee benefits

  total $74,321

• 10 · Payroll taxes

  total $67,069

• 11c · Fees: accounting

  total $18,300

• 11g · Fees: other

  total $54,258

• 13 · Office expenses

  total $26,815

• 14 · Information technology

  total $103,126

• 16 · Occupancy

  total $243,011

• 19 · Conferences, conventions and meetings

  total $869,769

• 22 · Depreciation, depletion and amortization

  total $65,675

• 23 · Insurance

  total $15,180

• 24a · Other expenses: Publications

  total $148,998

• 24b · Other expenses: Equipment rental

  total $11,822

• 24c · Other expenses: Awards

  total $6,903

• 24d · Other expenses: Program expenses

  total $2,179

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $278,998 · end of year $594,254

• 2 · Savings and temporary cash investments

  beginning of year $2,230,283 · end of year $1,692,826

• 4 · Accounts receivable

  beginning of year $31,798 · end of year $7,924

• 9 · Prepaid expenses and deferred charges

  beginning of year $56,612 · end of year $49,646

• 10a · Land, buildings and equipment: cost or other basis

  $1,274,237

• 10b · Land, buildings and equipment: accumulated depreciation

  $1,264,201

• 10c · Land, buildings and equipment, net

  beginning of year $69,712 · end of year $10,036

• 11 · Investments: publicly traded securities

  beginning of year $3,805,863 · end of year $4,665,351

• 15 · Other assets

  beginning of year $405,848 · end of year $261,587

• 17 · Accounts payable and accrued expenses

  beginning of year $128,040 · end of year $140,988

• 19 · Deferred revenue

  beginning of year $1,460,591 · end of year $1,157,451

• 25 · Other liabilities

  beginning of year $211,514 · end of year $102,132

• 27 · Net assets without donor restrictions

  beginning of year $5,078,969 · end of year $5,881,053

The filer's explanations (Part III)

Part II Officers compensation

The Personnel Committee of the Houston Bar Association Board of Directors annually reviews the performance and compensation of the Executive Director. It documents its decisions based on appropriate data surrounding the Executive Director's training, expertise, scope of duties, and time to be expended.